This photograph shows the logo of the Asian e-commerce giant Shein displayed at the Bazar de l'Hotel de Ville department store in Paris on March 19, 2026. (Photo: AFP)

HONG KONG - Shein will debut on the Hong Kong stock exchange on Sept 1, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to US$27 billion.The online retailer plans to offer 280 million shares at a price between HK$47.60 and HK$49.50, raising up to HK$13.86 billion (US$1.7 billion), it said in a filing to the bourse.

The final price will be announced on Aug 31, but the higher figure would value the company at around US$26.8 billion.

Founded in China and now headquartered in Singapore, Shein finally won Beijing's approval last month to make its initial public offering in Hong Kong.

Plans to list in New York and London had been held back in recent years by regulatory hurdles, according to media reports.